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How to Plan a Holiday Without Breaking the Bank

16th September 2024 Print

With the summer season drawing to a close, many of us are already dreaming of our next escape. But with the rising cost of living hitting many households, planning a holiday without breaking the bank can seem like a daunting task. However, with a little planning and creativity, it is possible to enjoy a memorable holiday without spending a fortune.

Setting a Realistic Budget

The first step to planning a budget-friendly holiday is to set a realistic budget. Consider your income, expenses and savings that you would be willing to dip into to help fund your trip. Once you have a clear idea of how much you can afford to spend, break it down into categories such as flights, accommodation, activities, and food. This will help you stay on track and avoid overspending. 

Making the Most of Package Deals

Package deals can be a great way to save money on your holiday. By bundling flights, accommodation, and sometimes transfers or activities, you can often get a better deal than booking these components separately. 

There are a wealth of destinations that offer affordable options for a European getaway, such as Benidorm holidays which are known for being good value for money. You could also consider reaching out to a travel specialist who can help you find the best package deals and secure a great price for your trip.

Finding Affordable Flights and Accommodation

When searching for flights, it’s preferable if you can be flexible with your travel dates. Airlines often offer lower fares on weekdays or during off-peak seasons. Consider flying into smaller airports, as they may have cheaper flights than major international hubs. Websites like Skyscanner and Kayak can help you compare prices from multiple airlines.

For accommodation, consider staying in hostels, guesthouses, or apartments instead of hotels. These options can be significantly cheaper and offer a more authentic experience. Websites where you can find short-term rentals are great resources for finding affordable accommodation, often in ideal locations in city centres or by the beach.

Saving Money on Activities and Dining

Once you've arrived at your destination, there are plenty of ways to save money on things such as activities and dining. Research free or low-cost attractions in the area, such as museums, parks, and beaches. Consider taking a cooking class or learning a local craft instead of going out to expensive restaurants.

When it comes to dining, look for local markets and street food vendors for affordable and authentic meals. Many European cities also offer tapas or small plate options, which can be a more cost-effective way to sample local cuisine. You could also consider making your own pre-packed picnic to take with you for a day on the beach or around the pool to avoid paying for a pricey lunch at a beach bar or café.